2011 Mercedes-Benz SL-Class Insurance Rates

Drivers have many options when trying to find affordable Mercedes-Benz SL-Class insurance. You can either waste hours driving around to get rate comparisons or utilize the internet to find the lowest rates.

There is a right way and a wrong way to buy auto insurance and you need to know the absolute fastest way to price shop coverage for your Mercedes-Benz and obtain the cheapest rates.

It is always a good idea to do price comparisons before your next renewal since prices change quite often. Even if you think you had the lowest rate for SL-Class insurance two years ago you can probably find a better premium rate now. There is a lot of bad advice regarding auto insurance out there, but in just a couple of minutes you can learn some tested techniques to find cheap auto insurance.

If you have a current car insurance policy or need a new policy, you will benefit by learning to reduce the price you pay while maintaining coverages. This article will familiarize you with how car insurance quotes work and some money-saving tips. Consumers only need an understanding of how to buy car insurance online.

More affordable rates by taking advantage of discounts

Insurance can be pricey, but there could be significant discounts that you may not even be aware of. Certain credits will be shown when you quote, but some must be specifically requested prior to receiving the credit.

  • Discount for Multiple Policies – If you can bundle your home and auto insurance and insure them with the same company they may give you a discount of at least 10% off all policies.
  • Telematics Data Discounts – Drivers who agree to allow their company to analyze their driving habits by using a telematics device like Drivewise from Allstate or In-Drive from State Farm could save a few bucks if they have good driving habits.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to sucessfully take a drivers education course as it will make them better drivers and lower rates.
  • Buy New and Save – Insuring a new car can be considerably cheaper compared to insuring an older model.
  • Service Members Pay Less – Being on active duty in the military can result in better insurance rates.
  • Mature Driver Discount – If you’re over the age of 55, you may be able to get lower premium rates for SL-Class insurance.
  • Include Life Insurance and Save – Select companies reward you with lower prices if you buy life insurance.
  • Low Mileage Discounts – Maintaining low annual mileage could be rewarded with slightly better premium rates than normal.
  • Anti-theft Discount – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems are stolen with less frequency and can earn a small discount on your policy.

While discounts sound great, it’s important to understand that most discount credits are not given to all coverage premiums. The majority will only reduce individual premiums such as collision or personal injury protection. Despite the fact that it seems like adding up those discounts means a free policy, company stockholders wouldn’t be very happy.

The best insurance companies and the discounts they provide are outlined below.

  • State Farm has savings for student away at school, defensive driving training, Steer Clear safe driver discount, passive restraint, good driver, and safe vehicle.
  • Progressive may include discounts for online quote discount, multi-vehicle, continuous coverage, multi-policy, and good student.
  • Progressive may offer discounts for multi-policy, homeowner, online quote discount, good student, continuous coverage, and multi-vehicle.
  • MetLife offers premium reductions for defensive driver, good student, accident-free, good driver, and claim-free.
  • Farm Bureau discounts include 55 and retired, multi-policy, good student, driver training, safe driver, and multi-vehicle.
  • GEICO offers discounts for emergency military deployment, membership and employees, anti-theft, multi-vehicle, five-year accident-free, good student, and seat belt use.
  • SAFECO policyholders can earn discounts including drive less, anti-theft, bundle discounts, teen safety rewards, multi-car, and accident prevention training.

When quoting, ask each company or agent which discounts they offer. A few discounts might not be available to policyholders in your area. If you would like to see a list of providers with discount rates, click here to view.

How much insurance do I need?

When it comes to buying proper insurance coverage, there really is no cookie cutter policy. Everyone’s needs are different.

For instance, these questions can aid in determining if you would benefit from professional advice.

  • Does coverage extend to my business vehicle?
  • Why do I need rental car insurance?
  • Is my teen driver covered when they drive my company car?
  • Is a new car covered when I drive it off the dealer lot?
  • Do I pay less for low miles?
  • Where can I get insurance after a DUI in my state?
  • Is motorclub coverage worth it?
  • Is extra glass coverage worth it?
  • Are all vehicle passengers covered by medical payments coverage?

If you can’t answer these questions, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form. It is quick, free and you can get the answers you need.

Coverage specifics

Learning about specific coverages of your car insurance policy can be of help when determining the best coverages for your vehicles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Comprehensive coverages – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like vandalism, hail damage, a tree branch falling on your vehicle, hitting a deer and damage from a tornado or hurricane. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision – This coverage pays for damage to your SL-Class from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like colliding with another moving vehicle, hitting a mailbox, scraping a guard rail and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for expenses like prosthetic devices, X-ray expenses, hospital visits, funeral costs and dental work. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is only offered in select states and may carry a deductible

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Mercedes-Benz SL-Class.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually these limits are identical to your policy’s liability coverage.

Liability car insurance – Liability coverage protects you from damage that occurs to other people or property in an accident. This coverage protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability coverage protects against claims like pain and suffering, legal defense fees, repair bills for other people’s vehicles, court costs and medical services. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Don’t be a big spender

Throughout this article, we presented quite a bit of information on how to shop for 2011 Mercedes-Benz SL-Class insurance online. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers could even find that the lowest priced car insurance comes from some of the smallest insurance companies.

Drivers change insurance companies for a variety of reasons including lack of trust in their agent, unfair underwriting practices, high prices and policy non-renewal. No matter why you want to switch, switching car insurance companies is pretty easy and you might even save some money in the process.

When you buy auto insurance online, make sure you don’t reduce coverage to reduce premium. In many cases, consumers will sacrifice liability limits or collision coverage only to discover later that it was a big mistake. Your aim should be to find the BEST coverage at a price you can afford while still protecting your assets.

Helpful information